there are ticking time bombs, 19 trillion in debt. europe looks disastrous. i'm not sure how they grow that economy, with the policies that i have in place. china could be a ticking time bomb. japan is old and wobbly. people have legitimate concerns, you talk about five, ten, 20 years out, what the world will look like then? >> you know, look, the market rates of returns, there are a lot of dangers out there. the market prices for risk. so when there's risk out there and everybody knows the risk that you mentioned, those are in the prices. so people are shocked when they see markets go up, 10, 15, 20%, how could this happen? guess what? i am not psychic, i don't have a crystal ball. i don't know how the things get resolved but i know the great depression, world war ii, massive recessions like under jimmy carter, these things get resolved and everything was doom and gloom when carter was in, reagan came in and wow, things can change fast. it's not all doom and gloom in the market prices.